​The Present Monetary System Is Heading For A Breakdown – Tyler Durden

The Present Monetary System Is Heading For A Breakdown Authored by Frank Shostak via The Mises Institute, Many economists incorrectly assume a growing economy also requires a growing money stock, assuming that economic growth gives rise to a greater demand for money. It is held that failing to increase money to facilitate increased trade will lead to a decline in prices of goods and services, destabilizing the economy and leading to an economic downturn. Some commentators believe that the lack of a flexible mechanism coordinating demand versus the money supply is the major reason why the gold standard leads to instability. The idea is that, relative…  — Continue at ZeroHedge News : Read More